NOT LISTED FOR SALE

Estimated Value: $204,000 - $289,000

6 Beds
3 Baths
1,857 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $60,250 $32 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,895/month

68 Days on Market

Highlights

  • 7,432.17 Acre Lot
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of August 2014

Brick Two Flat, with two six room,3 bedroom, one bathroom apartments & Full Partially Finished Basement with Full bathroom and Two Car Garage. Great 2 family building or live in one and rent the other .Sold As Is, No Survey, 100% Tax Pro-Rations, and buyer pays all inspections See additional info for Zoning Letters

Last Agent to Sell the Property

Rozanne Kurman

Kurman Realty Group License #471002891 Listed on: 05/14/2014

Co-Listed By

Dennis Gilbert

Kurman Realty Group

Last Buyer's Agent

Venny Rivera

eXp Realty License #475115955

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,432.17 Acre Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Two Flat

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 60000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 7432.17
  • Lot Dimensions: 50 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5529.39
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Sep 22, 2014
Sold by
Serrano Nicomedes R
Bought by
Serrano Nicornedes R and Serrano Maria C
Seller's Agent
Rozanne Kurman
Kurman Realty Group
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$60,000
Sold Price
$60,250
Premium/Discount to List
$250
0.42%
Current Estimated Value
$254,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,249
Avg. Annual Appreciation
13.79%

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 4, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Serrano Nicomedes R
Seller's Agent
Rozanne Kurman
Kurman Realty Group
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$60,000
Sold Price
$60,250
Premium/Discount to List
$250
0.42%

Purchase Details

Closed on
Feb 20, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 30, 2002
Sold by
Garcia German and Hoyos Maria J
Bought by
Williams Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,339
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1993
Sold by
Fisher D Mark and Oflaherty Fisher Kelley P
Bought by
Garcia German and Hoyos Maria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,943
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Serrano Nicornedes R -- None Available
Serrano Nicomedes R -- First American Title
The Secretary Of Housing & Urban Develop -- None Available
Williams Martha $191,000 First American Title Ins
Garcia German $88,666 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Martha $188,339
Previous Owner Garcia German $131,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $60,250 +0.4% $32 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $60,000 0.0% $32 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $60,000 -- $32 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,551 $77,595 $11,634 $65,961
2023 $7,614 $69,471 $10,416 $59,055
2022 $7,614 $77,889 $8,779 $69,110
2021 $6,823 $65,445 $7,713 $57,732
2020 $6,911 $60,970 $7,186 $53,784
2019 $6,956 $55,869 $6,585 $49,284
2018 $6,380 $49,349 $8,387 $40,962
2017 $6,211 $43,660 $7,420 $36,240
2016 $5,863 $37,939 $6,448 $31,491
2015 $4,722 $33,956 $5,771 $28,185
2014 $4,284 $30,860 $5,431 $25,429
2012 $5,529 $33,434 $5,884 $27,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08615119

Midwest Real Estate Data (MRED)

APN: 08-17-302-004